DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lhcnl7/china_electric) has announced the addition of the "China Electric Vehicle Industry Report, 2014-2015" report to their offering.
2014 may be called the first year of the development of Chinese electric vehicles, with annual sales reaching 74,763, 3.2 times higher than in 2013. With the ascent in the global electric vehicle market, China becomes the second largest market in the world after the United States, eyeing 23.5% market share. Among the top 20 most popular models in 2014, BYD Qin, Kandi K10, Chery QQ3 EV, Zotye E20, BAIC E150 EV and BYD e6 came from China, representing a combined 15.3% share of total sales in the global market.
In 2014, China recorded PHEV passenger car sales of 17,500, 123 times that in 2013. In today's Chinese PHEV passenger car market, there are mainly BYD Qin and Roewe 550 plug-in with the former holding a dominant position with sales of 14,747. In 2015, Chang'an Automobile, Dongfeng Motor, GAC, Volvo, etc. are planning to launch PHEV models, which will intensify market competition. At the same time, companies affected by the policy are expected to turn to the development of EREV (extended range electric vehicle) models.
As the biggest winner in China's EV market, BYD sold an accumulative of 20,972 electric cars in 2014, with its market share rising to 28.05%; there are mainly Qin (plug-in), E6 (BEV) and DENZA (BEV, a joint venture brand) in passenger vehicle market, K9 (battery-electric bus) and J9 (heavy battery-electric truck) in commercial vehicle market. In 2015, BYD continues to focus on the passenger vehicle market by launching Tang (Q1, mid-size SUV), Shang (Q2, MPV), Song (Q3, compact SUV) and Yuan (Q4, small SUV) quarter by quarter.
Key Topics Covered:
1. Overview of Electric Vehicle Industry
2. Policy Environment for Electric Vehicle Industry
3. Electric Vehicle Market
4. China Electric Passenger Vehicle Market
5. Electric Vehicle Demonstration City
6. Major Electric Vehicles Manufacturers in China
7. Market Summary
- BAIC Group
- Brilliance Auto
- Chang'an Automobile
- Chery Automobile
- FAW Group
- GAC Group
- Geely Automobile
- Great Wall Motors
- JAC Motors
- SAIC Motor
For more information visit http://www.researchandmarkets.com/research/lhcnl7/china_electric